CBO Report On Trumpcare Is Out: 24 Million More Uninsured By 2026, Premiums Up As Much As 20%
The much anticipated CBO scoring of the American Health Care Act, aka "Trumpcare" is out, and among the key highlights are that while the US federal budget would be reduced by $337 billion over the 2017-2026 period, it would also mean that 14 million more would be uninsured by 2018 under the Republican ObamaCare replacement bill, with the number rising to 24 million by 2026. Furthermore, it adds that "average premiums for single policyholders in the nongroup market would be 15% to 20% higher than under current law", i.e. prices would go up.